If you burn your trash in the back yard despite regulations against it,then you are
A) acting economically irrationally and creating a social cost.
B) avoiding the private costs associated with disposing your garbage some other way and creating a social cost.
C) acting rationally and creating a positive externality.
D) saving landfill space and creating a social benefit.
Correct Answer:
Verified
Q1: What is a market failure?
A)It refers to
Q5: A negative externality exists if
A)there are price
Q10: Mandatory motorcycle helmet laws are designed to
Q15: A positive externality causes
A)the marginal social benefit
Q18: Which of the following represents the true
Q28: Which of the following describes how a
Q37: Pollution is an example of a
A)public good.
B)positive
Q71: Figure 11.4 Q75: Which of the following is an example Q81: Figure 11-4 ![]()
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